14 Prince of Wales Road, Norwich, Norfolk NR1 1LB
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- Freehold commercial investment
- Let producing £23,000 pa
- Guide price £200,000
- For sale by livestream auction
- Unless previously sold or withdrawn prior
- 10am Wednesday 21st October 2026
Description
FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 21st OCTOBER 2026 AT 10:00AM
TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE
High yielding freehold commercial investment close to the city centre let producing £23,000 pa
This commercial property is a two storey mid terrace with a total net internal area of 196.3 sq/m (2,113 sq/ft). It has a use class of E commercial/business premises and is let on ten year lease dated 17th November 2025 to CT Locations Ltd, which trade as Club Tan, at £23,000 pa paid monthly in advance.
Prince of Wales Road is one of the main vehicular and pedestrian thoroughfares between the main shopping centre and the Norwich mainline railway station. The surrounding area includes a mixture of retail, offices and night life. Nearby occupiers include Norfolk Chamber of Commerce, Handelsbanken, Hays Recruitment, Arnolds Keys and Tesco Express.
This high yield makes it an attractive investment opportunity.
Basement (758 sq/ft)
Ground floor (775 sq/ft) Arranged with largely open-plan accommodation with meeting room, WC and kitchen. Heated by way of wall-mounted electric heaters.
First floor (580 sq/ft) Accessed via a separate external front door to the right-hand side of the building. Internally the first floor is carpeted, with painted walls, single glazed timber frame windows, a small kitchenette area to the rear and WC. There are a mixture of new and existing electric storage heaters.
Business rates The property has been entered onto the Valuation Office Agency website as a shop and premises with a rateable value of £20,000.
Tenure: Freehold
EPC Rating: E
Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £960 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
14 Prince of Wales Road, Norwich, Norfolk NR1 1LB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Norwich Station0.4 miles
- Salhouse Station4.9 miles
Notes
Disclaimer - Property reference 202607151350sq_7ael. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House East Anglia, Norwich. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House East Anglia, Norwich on 01603 361707.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”